Market Size of Asia-Pacific Starch Derivatives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.98 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
APAC Starch Derivatives Market Analysis
The Asia-Pacific starch derivatives market is projected to witness a CAGR of 5.89% during the forecast period (2020 - 2025).
- Starch derivatives include cyclodextrinm maltodextrin, and modified starch. The growth in functional food products, clean label demand, and achieving cost reduction in the production process in Asian-Pacific countries particularly China, India, and Bangladesh are the major factors driving the applications of starch derivatives in the region.
- Moreover, the paradigm shift of consumers towards low-calorie food products is another factor that has resulted in the number of food and beverage processing companies to incorporate modified starch to meet the propelling demand of functional/low-calorie food products. Such factors enabled ingredient manufacturers to develop products that can support food companies to cater to the growing demand, thereby increasing the market value for the starch derivatives in the country.
